What is the full form of "NCND"?
A. Net Credit and Net Debit
B. Non-Circumvention and Non-Disclosure
C. National Committe for Non-Disclosure
D. Foreign Institutional Investor
Answer: Option B
Solution(By Examveda Team)
An NCND, also called a non-circumvention/non-disclosure agreement, is used in the early stages of a business agreement. It is commonly used when the buyer and seller aren't familiar with each other but have been connected by a broker or middleman to make a transaction. An NCND agreement makes sure that the brokers or intermediaries aren't left out of the transaction. In other words, it is an agreement to protect the broker in case the buyer and seller want to pursue the deal but leave the broker out of it.Related Questions on Finance Abbreviations
What is the full form of "YTM"?
A. Yield To Money
B. Yield To Maturity
C. Marketing To Yield
D. Mutual Trade Yielding
What is the full form of "YTD"?
A. Year to Delivery
B. Yield to Debit
C. Year-to-date
D. Yield of Divergence
What is the full form of "WC"?
A. Withdraw Cash
B. Working Capital
C. Wage Capital
D. Wage Collateral
What is the full form of "TSR"?
A. Total Shareholder Return
B. Taxation of Stock Rate
C. Treasury Stock Return
D. Trading Security Rate
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